8 ARAMID FIBER MARKET, BY REGION 578.1 INTRODUCTION 588.2 EUROPE 598.2.1 GERMANY 648.2.1.1 Germany is expected to grow with highest CAGR inEurope during forecast period 648.2.2 UK 658.2.2.1 Growing automotive and chemical industries inUK to boost the market 658.2.3 FRANCE 668.2.3.1 The presence of a large number automobile manufacturing companies boost the market in the country 668.2.4 SPAIN 678.2.4.1 Spain is gaining momentum with the growing automotive industry in the country 678.3 NORTH AMERICA 688.3.1 US 718.3.1.1 US accounted for the largest market size in the aramid fiber market in North America 728.3.2 CANADA 738.3.2.1 The growing use of fiber optics-based networks will support the demand for aramid fibers in the country 738.3.3 MEXICO 748.3.3.1 Mexico is expected to witness the highest growth rate inthe aramid fiber market in North America 748.4 APAC 758.4.1 CHINA 798.4.1.1 China to be the largest country for aramid fibers in APAC region 808.4.2 JAPAN 828.4.2.1 Stringent environmental regulations to drive the growth of the aramid fiber market in the country 828.4.3 INDIA 838.4.3.1 India to be the fastest-growing country for aramid fibers in APAC region 848.4.4 SOUTH KOREA 868.4.4.1 Increased demand from the automotive industry contributes significantly to the growth of the aramid fiber market in the country 868.5 MIDDLE EAST & AFRICA 888.5.1 SAUDI ARABIA 918.5.1.1 Optical fibers to be the fastest-growing application for aramid fiber market in Saudi Arabia 918.5.2 UAE 928.5.2.1 Increase in demand from oil & gas industry to drive the marketin the country 928.6 SOUTH AMERICA 938.6.1 BRAZIL 968.6.1.1 Aramid fibers are increasingly being used in optical fibers application in Brazil 96